
COLB Stock Forecast & Price Target
COLB Analyst Ratings
Bulls say
Columbia Banking System Inc. has demonstrated robust financial performance, marked by a net interest margin (NIM) of 4.06% that reflects a sequential increase of 22 basis points, primarily driven by lower funding costs and continued benefits from recent acquisitions. The company reported a significant rise in spread income, reaching $627 million, which exceeded expectations and represented a 24.2% increase compared to the previous quarter. Furthermore, adjusted noninterest income rose by 17% sequentially, underscoring the company's capacity for generating revenue across its Personal Banking, Business Banking, and Wealth Management divisions.
Bears say
Columbia Banking System Inc has experienced a significant decline in deposits, dropping 11.2% amid weaker seasonal demand and decreased loan growth, with a reported loans-to-deposit ratio falling to 87.3%. The company's noninterest income is projected to decrease in the upcoming year, despite a modest rise in the last quarter, indicating potential challenges in maintaining revenue streams. Additionally, the anticipated decrease in the company's margin and increased credit costs pose risks as the economic outlook for the Pacific Northwest deteriorates.
This aggregate rating is based on analysts' research of Columbia Banking System and is not a guaranteed prediction by Public.com or investment advice.
COLB Analyst Forecast & Price Prediction
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